GBPJPY Technical Analysis 03.08.2023 1h chart
– Previous Daily candle closed Bearish at 182.080 forming Daily Resistance at 183.060 price respected the Weekly Resistance formed on 3rd July 2023.
– Buys on close above 182.460 targeting 30min Resistance formed at 182.880, Leaving Runners to the 4h Resistance formed at 183.140.
– Sells on close below 181.840 targeting 1h previous Resistance formed at 181.400, Leaving Runners to the 1h Support formed at 180.920.
– High Impact News ahead of the London session / Pre New York open as Bank Of England review the interest rate, Starting with BOE Monetary Policy Report, MPC Official Bank Rates Votes, Official Bank Rate and followed by Press Conference held by Bank Of England Governor Andrew Bailey about the decision of the Bank Rate hosted at the Bank Of England in London.
– Buys on close above 182.460 targeting 30min Resistance formed at 182.880, Leaving Runners to the 4h Resistance formed at 183.140.
– Sells on close below 181.840 targeting 1h previous Resistance formed at 181.400, Leaving Runners to the 1h Support formed at 180.920.
– High Impact News ahead of the London session / Pre New York open as Bank Of England review the interest rate, Starting with BOE Monetary Policy Report, MPC Official Bank Rates Votes, Official Bank Rate and followed by Press Conference held by Bank Of England Governor Andrew Bailey about the decision of the Bank Rate hosted at the Bank Of England in London.